Positive Q1 2024 earnings have bolstered the ongoing rally, setting the stage for a critical Q2 earnings season ahead.Learn more here>>
The upcoming Q2 earnings season will be crucial as they may provide enough fuel for the bulls to keep the market charging forward. One significant risk factor is the substantial exposure to the Chinese market, which accounts for approximately 25% of total sales. This dependence raises concerns about the stability of this revenue source amid increasing geopolitical tensions. Additionally, fluctuations in demand, coupled with high fixed costs, could jeopardize the stability of potential earnings growth in the long term.
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